$950,000
SOLD SEP 9, 2024
-- Bed
-- Bath
17,544 Sq Ft
1905 Built

Recently Sold

$54 Per Sq Ft

21% Below List Price

57 Days on Market

Highlights

  • No HOA
  • Balcony
  • Heating System Uses Natural Gas

About This Home

As of September 2024

This rare multifamily opportunity is situated on a quiet walking court in Old Louisville, blocks from Manual High School. The property is a purpose built apartment building of 12 large units with a diverse mixture of 1, 2 and 3 BR units with hardwood flooring, some including balconies overlooking the walking court. A large, full lower level was formerly finished and could potentially be converted to another unit for added value.

The property is located on the south side of Old Louisville in close proximity to UofL. It has separate gas and electric meters with those utilities paid by the tenants and separate hot water heaters. An investor will enjoy a high demand tenant base, as well as strong intrinsic value of the underlying real estate.

> 12 sizable units (10-2BR/1-3BR/ 1-1BR

Last Agent to Sell the Property

Reed Weinberg

PRG Commercial Property Advisors License #203845 Listed on: 04/29/2024

Co-Listed By

Jenny Johnston

PRG Commercial Property Advisors License #246944

Last Buyer's Agent

Kay Cummins-Maum

PR Realty Group, LLC License #206521

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Additional Features

  • Balcony
  • Lot Dimensions are 150x59
  • Heating System Uses Natural Gas
  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0092 / 033c
  • Assessor Parcel Number 033C00920000
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Lot Dimensions: 150x59
  • Property Sub Type: Apartment
  • Property Type: MultiFamily
  • Garage Yn: No
  • Co List Office Mls Id: 1672101
  • Co List Office Phone: 502-365-3840
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 13158.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Other
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Below Grade Sq Ft: 4386.0

Exterior Features

  • Roof: Flat
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Construction:Brick3: Yes
  • ConstructionSiding:Roof Flat: Yes

Utilities

  • Utilities: City Sewer
  • Heating: Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 0.24
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 033C00920000
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Year Built: 1905

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Block: 033c
  • Tax Lot: 0092

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $950,000 -13.6% $54 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $1,100,000 -8.3% $63 / Sq Ft
04/29/2024 04/29/24 For Sale $1,200,000 -- $68 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1659695

Metro Search (Greater Louisville Association of REALTORS®)